Digitalhttp://www.businessinsider.com/category/digital
en-usThu, 17 Aug 2017 23:43:16 -0400Thu, 17 Aug 2017 23:43:16 -0400The latest news on Digital from Business Insiderhttp://static3.businessinsider.com/assets/images/bilogo-250x36-wide-rev.pngBusiness Insiderhttp://www.businessinsider.com
http://www.businessinsider.com/ignition-2017-learn-how-sports-media-is-changing-2017-5Ignition 2017: Learn how the future of sports media is being turned on its headhttp://www.businessinsider.com/ignition-2017-learn-how-sports-media-is-changing-2017-5
Thu, 10 Aug 2017 14:00:00 -0400Daniel Jason
<p><img style="float:right;" src="http://static4.businessinsider.com/image/55b7c6bddd08950f058b4576-1920/xbox%20ribbonviewespn12fw.png" alt="espn on sling" data-mce-source="Sling TV"></p><p></p>
<p>The sports-media landscape is changing rapidly. As consumers continue to move away from traditional television, sports leagues, their broadcast partner, and their advertising partners need to find creative ways to stay in front of the consumer.</p>
<p>And the screen of choice isn't the only moving part in this sports-media revolution. Technologies like virtual reality, immersive video, and 360 video are changing consumers' expectations in how content is presented.</p>
<p>Perhaps no entity has felt the effects of this shift more than ESPN.</p>
<p>In April, the channel laid off 100 employees, <a href="http://www.businessinsider.com/espn-layoffs-names-2017-4">including some highly recognizable on-air talent</a>. For years, the network benefited from being included in every package cable companies offered, forcing those who never watched to still <a href="http://www.businessinsider.com/cable-satellite-tv-sub-fees-espn-networks-2017-3">pay over $9 a month as a part of their cable bill</a>.</p>
<p>Speaking at Ignition a few years ago, <a href="http://www.businessinsider.com/barry-diller-tv-2014-12">IAC chairman Barry Diller saw where the future was headed</a>. "I think the future of television is more fragmentation," Diller said. "The bundle has no more elasticity in it."</p>
<p>With viewers now cutting cable from their budgets and opting for more specialized digital options — either on demand or streaming — networks like ESPN are losing the dormant subscription dollars they have counted on for so long.</p>
<p>To combat this, ESPN has focused in on digital, ramping up content on the WatchESPN app and ESPN 3, ESPN's digital-only network.</p>
<p>Other networks, like the UK's BT Sport network, have chosen to team up with digital channels to simulcast sporting events online. For the second straight year, <a href="http://www.businessinsider.com/bt-sport-to-show-european-soccer-on-youtube-2017-5">BT Sport will simulcast the UEFA Champions League and Europa League Finals on YouTube for free</a>.</p>
<p>Other sports leagues have found success simulcasting their games digitally, with Twitter streaming 10 "Thursday Night Football" games in 2016. But Twitter won't be streaming these games again in 2017, as Amazon won the rights for <a href="http://www.businessinsider.com/amazon-beats-twitter-to-stream-nfl-thursday-night-football-with-50-million-bid-2017-4">$50 million</a>.</p>
<p>On top of being broadcast on YouTube, this year both soccer championships will be available both in 4K ultra-high definition and in virtual reality, allowing users to watch a 360-degree view or select the view angle.</p>
<p>At Ignition 2016, Brad Allen<strong>,</strong> executive chairman at NextVR, talked about how virtual reality was changing the viewing experience with sports. VR could allow you to watch a game at your house with your friend who's at his house.</p>
<p>“We’re talking each other, and it’s like we’re there courtside watching the game,” Allen said. “That’s where it’s going.”</p>
<p>These subjects are expected to be discussed in depth again at this year's Ignition conference. If the digital disruption that is overhauling the media industry affects your job, this is an event you can't afford to miss.</p>
<h2>To learn more about the future of media, be sure to attend Business Insider's IGNITION 2017!</h2>
<p>We’re rolling out the speaker lineup over the coming months, and you won’t want to miss it. Business Insider IGNITION 2017 will take place November 29-30 at the Time Warner Center in New York City. Right now we're offering early-bird tickets that will save you $400 — don't miss out.</p>
<p><a href="https://businessinsider.ticketleap.com/ignition-2017/dates/Nov-29-2017_at_0800AM?utm_source=Triggermail&amp;utm_medium=email&amp;utm_content=SportsmediaDJpost&amp;utm_campaign=contentpost&amp;utm_term=BI" target="_blank" rel="noopener noreferrer">Join us at IGNITION</a>!</p>
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</div><p><a href="http://www.businessinsider.com/ignition-2017-learn-how-sports-media-is-changing-2017-5#comments">Join the conversation about this story &#187;</a></p> <p>NOW WATCH: <a href="http://www.businessinsider.com/annoying-resume-mistakes-buzzwords-grammar-typos-experience-careers-strategy-jobs-interview-application-employer-2017-7">A former HR exec who reviewed over 40,000 résumés says these 7 résumé mistakes annoy her</a></p> http://www.businessinsider.com/ignition-2017-learn-how-sports-media-is-changing-2017-5Ignition 2017: Learn how the future of sports media is being turned on its headhttp://www.businessinsider.com/ignition-2017-learn-how-sports-media-is-changing-2017-5
Mon, 31 Jul 2017 14:00:00 -0400Daniel Jason
<p><img style="float:right;" src="http://static4.businessinsider.com/image/55b7c6bddd08950f058b4576-1920/xbox%20ribbonviewespn12fw.png" alt="espn on sling" data-mce-source="Sling TV"></p><p></p>
<p>The sports-media landscape is changing rapidly. As consumers continue to move away from traditional television, sports leagues, their broadcast partner, and their advertising partners need to find creative ways to stay in front of the consumer.</p>
<p>And the screen of choice isn't the only moving part in this sports-media revolution. Technologies like virtual reality, immersive video, and 360 video are changing consumers' expectations in how content is presented.</p>
<p>Perhaps no entity has felt the effects of this shift more than ESPN.</p>
<p>In April, the channel laid off 100 employees, <a href="http://www.businessinsider.com/espn-layoffs-names-2017-4">including some highly recognizable on-air talent</a>. For years, the network benefited from being included in every package cable companies offered, forcing those who never watched to still <a href="http://www.businessinsider.com/cable-satellite-tv-sub-fees-espn-networks-2017-3">pay over $9 a month as a part of their cable bill</a>.</p>
<p>Speaking at Ignition a few years ago, <a href="http://www.businessinsider.com/barry-diller-tv-2014-12">IAC chairman Barry Diller saw where the future was headed</a>. "I think the future of television is more fragmentation," Diller said. "The bundle has no more elasticity in it."</p>
<p>With viewers now cutting cable from their budgets and opting for more specialized digital options — either on demand or streaming — networks like ESPN are losing the dormant subscription dollars they have counted on for so long.</p>
<p>To combat this, ESPN has focused in on digital, ramping up content on the WatchESPN app and ESPN 3, ESPN's digital-only network.</p>
<p>Other networks, like the UK's BT Sport network, have chosen to team up with digital channels to simulcast sporting events online. For the second straight year, <a href="http://www.businessinsider.com/bt-sport-to-show-european-soccer-on-youtube-2017-5">BT Sport will simulcast the UEFA Champions League and Europa League Finals on YouTube for free</a>.</p>
<p>Other sports leagues have found success simulcasting their games digitally, with Twitter streaming 10 "Thursday Night Football" games in 2016. But Twitter won't be streaming these games again in 2017, as Amazon won the rights for <a href="http://www.businessinsider.com/amazon-beats-twitter-to-stream-nfl-thursday-night-football-with-50-million-bid-2017-4">$50 million</a>.</p>
<p>On top of being broadcast on YouTube, this year both soccer championships will be available both in 4K ultra-high definition and in virtual reality, allowing users to watch a 360-degree view or select the view angle.</p>
<p>At Ignition 2016, Brad Allen<strong>,</strong> executive chairman at NextVR, talked about how virtual reality was changing the viewing experience with sports. VR could allow you to watch a game at your house with your friend who's at his house.</p>
<p>“We’re talking each other, and it’s like we’re there courtside watching the game,” Allen said. “That’s where it’s going.”</p>
<p>These subjects are expected to be discussed in depth again at this year's Ignition conference. If the digital disruption that is overhauling the media industry affects your job, this is an event you can't afford to miss.</p>
<h2>To learn more about the future of media, be sure to attend Business Insider's IGNITION 2017!</h2>
<p>We’re rolling out the speaker lineup over the coming months, and you won’t want to miss it. Business Insider IGNITION 2017 will take place November 29-30 at the Time Warner Center in New York City. Right now we're offering early-bird tickets that will save you $400 — don't miss out.</p>
<p><a href="https://businessinsider.ticketleap.com/ignition-2017/dates/Nov-29-2017_at_0800AM?utm_source=Triggermail&amp;utm_medium=email&amp;utm_content=SportsmediaDJpost&amp;utm_campaign=contentpost&amp;utm_term=BI" target="_blank" rel="noopener noreferrer">Join us at IGNITION</a>!</p>
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</div><p><a href="http://www.businessinsider.com/ignition-2017-learn-how-sports-media-is-changing-2017-5#comments">Join the conversation about this story &#187;</a></p> <p>NOW WATCH: <a href="http://www.businessinsider.com/us-navy-uss-gerald-r-ford-aircraft-carrier-nimitz-2017-7">How the US's futuristic new aircraft carrier will change naval warfare forever</a></p> http://www.businessinsider.com/first-online-booking-system-for-tattoos-to-launch-in-london-2017-7Meet the 31-year-old ex-advertising exec behind Inkbay, the world's first online booking system for the £38 billion tattoo industryhttp://www.businessinsider.com/first-online-booking-system-for-tattoos-to-launch-in-london-2017-7
Thu, 20 Jul 2017 10:17:00 -0400Rosie Fitzmaurice
<p><img style="float:right;" src="http://static3.businessinsider.com/image/5970bb7956152c25cb49edf1-1200/fredrik%20color.jpg" alt="Fredrik color" data-mce-source="Inkbay"></p><p>Swedish-born Fredrik Glimskär quickly got addicted to tattoos soon after first getting inked 11 years ago. He now has about 45 tattoos — and he's not finished yet.</p>
<p>The 31-year-old found that the more tattoos he acquired, the more people would persistently reach out to find out which artists he was using. A former CEO of digital advertising agency Oystr., which worked with brands such as Adidas and Grolsch, he concluded that if there were that many people looking for guidance purely within his network, there was probably a market for something to answer the question on a greater scale.</p>
<p>“Tattoos are fairly mainstream now, with many people inspired by the latest celebrity inking or tattoo art on Instagram," he told Business Insider. "Yet when it comes to getting their own tattoo, people are still relying on word-of-mouth recommendation."</p>
<p>"People don’t know where to go, who’s good at what, or how much a particular tattoo will cost.”</p>
<p>Enter <a href="https://inkbay.tattoo/" target="_blank" rel="noopener noreferrer">Inkbay</a>, the world’s first free-to-use online platform and marketplace for finding, booking, and buying tattoos, and Glimskär's answer to bringing the tattoo industry kicking and screaming into the digital age.</p>
<p>To understand the relevance of the product, first consider some facts. The global <a href="http://nordic.businessinsider.com/danish-startup-tattoodo-has-raised-%244-million-for-digitalising-the-%2450-billion-industry-of-tattoos-2016-10/" target="_blank" rel="noopener noreferrer">tattoo industry is worth an estimated $50 billion</a> (£38 billion). 40% of all millennials have tattoos, and 92% of people with tattoos are already looking for the next one. As of October 2016, first tattoos were the second most popular search subject after personal health.</p>
<p>In other words, tattoos are big business. Yet, the reality of getting a tattoo is pretty dated.</p>
<p>As a customer, once you've finally chosen what you want permanently etched on your body — and chosen who you want to do it — you usually have the hassle of visiting the studio in-person to get a quote for your desired design and leave a deposit.</p>
<p>On the other side of the coin, most tattooists are dependent on walk-in appointments and recommendations. While this works for some, others struggle to promote themselves.</p>
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<p style=" margin:8px 0 0 0; padding:0 4px;"> <a href="https://instagram.com/p/BVhsdJyDlRr/" style=" color:#000; font-family:Arial,sans-serif; font-size:14px; font-style:normal; font-weight:normal; line-height:17px; text-decoration:none; word-wrap:break-word;" target="_top">Reklam för Inkbay - Planerar du din nästa tatuering? Då har jag 200kr i rabatt och en supertjänst att berätta om! På @Inkbay.tattoo kan du enkelt och kostnadsfritt registrera dig, se tusentals exklusiva tatueringsförslag och med snabbt komma i kontakt med talangfulla tatuerare i din närhet som vill tatuera ditt valda motiv till ett bra pris. Varför har det inte funnits en sådan här tjänst tidigare?! Man slippar alltså gå runt bland studios eller ringa random tatuerare för att boka in sig! Du kan dessutom boka tid och betala tatueringen online (!). Nu har jag ett unikt erbjudande för bara er tatueringsfreaks! Om ni registrerar er på Inkbay via min länk i profilen får ni 200 kr på ert konto i rabatt på er framtida tatuering. Hur bra? ​#reklam #getinked #inkbay</a>
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<p style="font-family:Arial,sans-serif;color:#c9c8cd; font-size:14px; line-height:17px; margin-bottom:0; margin-top:8px; overflow:hidden; padding:8px 0 7px; text-align:center; text-overflow:ellipsis; white-space:nowrap;">A post shared by Lisa Anckarman 🇸🇪♀ (@lices.se) on Jun 19, 2017 at 8:38am PDT on
<time style=" font-family:Arial,sans-serif; font-size:14px; line-height:17px;" datetime="2017-06-19T15:38:55+00:00">Jun 19, 2017 at 8:38am PDT</time></p>
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<p>Inkbay aims to connect the dots between these tattoo-seekers and their local artists.</p>
<p>"We are trying to navigate the jungle of studios and artists for the consumer," Glimskär said.</p>
<p>Tattooists can sign up for free and can then use the platform to showcase their work. Meanwhile, customers can then book and pay for tattoos online.</p>
<p>"For tattooers it's a completely different way to reach customers and for the consumer it answers really simple questions, like 'How much does this kind of tattoo cost?'"</p>
<p>Inkbay first launched in Glimskär's hometown of Stockholm in July 2016.</p>
<p>"We're close to having 100 artists on the platform and it has facilitated hundreds of transactions," Glimskär said. Its next city was Gothenburg, and it plans to launch in Copenhagen at the beginning of August.</p>
<p>Glimskär is also in the process of bringing Inkbay to the UK via London and then Manchester. While the process basically involves knocking on the doors of the more respected artists and studios across the capital to get them signed up, Inkbay hopes to launch to London-based consumers by the end of the summer.</p>
<h2><strong>Here's how it works.</strong></h2>
<p><strong>First, you set your location.</strong> <img src="http://static6.businessinsider.com/image/5970bb7956152c25cb49edf2-1566/inkbay%20landing%20page.jpg" alt="Inkbay landing page" data-mce-source="Inkbay"><strong>Next, enter the tattoo motif that you're looking for — let's go with "rose."</strong><img src="http://static3.businessinsider.com/image/5970bb7956152c25cb49edf3-1136/inkbay%20search%20feed.jpg" alt="Inkbay search feed" data-mce-source="Inkbay"></p>
<p><strong>Inkbay will then throw up different options from different tattoo artists complete with prices.</strong></p>
<p><img src="http://static4.businessinsider.com/image/5970bb7956152c25cb49edf4-1200/rose%20tattoo.jpg" alt="Rose tattoo" data-mce-source="Inkbay"></p>
<p>By using Inkbay, the customer knows exactly what they're getting before the even step foot in the shop, according to Glimskär. It also serves to guide people to the right man for the job.</p>
<p>"It's important that customers who want a certain style of tattoo, be it something traditional or Japanese lettering, find artists who specialise in those kind of designs."</p>
<p>If a customer can't find exactly what they're looking for, there is the option to send a direct request to an artist. "So if you find a rose that you really like but you want it a little different, say in pink, it can be created in under an hour," Glimskär added.</p>
<p>For now, it's operating as a website rather than an app, because people don't buy a tattoo every day, according to Glimskär, and therefore don't need an app taking up space on their phone. "It's something you might get once a year, or every six months," he added.</p>
<p>Inkbay receives 15% commission on every closed deal. It essentially works as an advanced booking system. "You pay us and then we release the money to the tattooist on the day of appointment," he said.</p>
<p>The platform also offers benefits such as a cancellation policy. Customers can cancel their appointment up to 48 hours in advance, with a full refund. Otherwise, they get charged. "To respect the artists' time, we want to eliminate the 'no show' element from the industry."</p>
<h2>Instagram is making artists more famous than studios.</h2>
<p><img src="http://static1.businessinsider.com/image/5970bb7956152c25cb49edf5-1200/inkbay%20people.jpg" alt="Inkbay people" data-mce-source="Inkbay"></p>
<p>"In the tattoo industry it had always been that you knew the name of a studio, but with the rise of Instagram, and the fact that artists tend to shift studios a lot, now it's the individuals who have become more famous than the studio," Glimskär said.</p>
<p>So, Inkbay works with individual artists rather than studios.</p>
<p>"We built Inkbay to suit them. So they have a physical studio where they work and then they we give them an online studio where customers come from."</p>
<p>For Glimskär, one of the most valuable things the platform gains is insight. "Today I could say we have 5,000 people in Stockholm that are looking for a swallow tattoo, and we can communicate this to tattooers that do those designs," he said.</p>
<p>On a global level, he says the trend at the moment is for "blackwork" — traditional sailor-style motifs, but in black ink (shown in the image below).</p>
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<p style=" margin:8px 0 0 0; padding:0 4px;"> <a href="https://instagram.com/p/BWttWs5Bh4k/" style=" color:#000; font-family:Arial,sans-serif; font-size:14px; font-style:normal; font-weight:normal; line-height:17px; text-decoration:none; word-wrap:break-word;" target="_top">F L O U R I S H • 38 Hours completed. Project on my wife. Thanks for all the new follows and likes everyone! This was a tough but rewarding project for us both. #seanhalltattoo #theblacklanternoc #blackwork #blackworkers #blackworkerssubmission #inkedmag #tattooistsrtmagazine #tattoodo #tattoosnob #floralsleeve #blackworktattoo</a>
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<p style="font-family:Arial,sans-serif;color:#c9c8cd; font-size:14px; line-height:17px; margin-bottom:0; margin-top:8px; overflow:hidden; padding:8px 0 7px; text-align:center; text-overflow:ellipsis; white-space:nowrap;">A post shared by S E A N H A L L (@seanhalltattoo) on Jul 18, 2017 at 9:09pm PDT on
<time style=" font-family:Arial,sans-serif; font-size:14px; line-height:17px;" datetime="2017-07-19T04:09:03+00:00">Jul 18, 2017 at 9:09pm PDT</time></p>
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<p>This currently accounts for around 50% of the tattoo designs available to buy on Inkbay.</p>
<h2>'Huge online potential'</h2>
<p>Glimskär is not the only Scandinavian on a mission to both digitalise and monetise the tattoo business. Danish entrepreneurs Mik Thobo-Carlsen and Johan Plenge launched <a href="http://nordic.businessinsider.com/danish-startup-tattoodo-has-raised-%244-million-for-digitalising-the-%2450-billion-industry-of-tattoos-2016-10/" target="_blank" rel="noopener noreferrer">Tattoodo, a social platform where people can find and share tattoo designs</a>, three years ago.</p>
<p>As of December 2016, it was the world's largest online tattoo portal with 15 million monthly visitors, 40 million Facebook fans, and two billion monthly content views.</p>
<p>However, it doesn't allow customers to actually book and buy their tattoos online. If Tattoodo is a benchmark for success, though, Glimskär could be onto a winner.</p>
<p>"Tattoodo has done really well in creating inspiring and educational content for the tattoo community, and the rapid growth of traffic on Tattoodo proves that the tattoo industry has huge online potential."</p><p><a href="http://www.businessinsider.com/first-online-booking-system-for-tattoos-to-launch-in-london-2017-7#comments">Join the conversation about this story &#187;</a></p> <p>NOW WATCH: <a href="http://www.businessinsider.com/good-cholesterol-hdl-not-so-good-2017-7">We may have been wrong about ‘good’ cholesterol all this time</a></p> http://www.businessinsider.com/high-tech-art-exhibition-2017-7A Washington, DC art exhibit lets visitors control time and spacehttp://www.businessinsider.com/high-tech-art-exhibition-2017-7
Fri, 14 Jul 2017 15:51:30 -0400Conner Blake and Josie Luck
<p><a href="http://www.businessinsider.com/high-tech-art-exhibition-2017-7#comments">Join the conversation about this story &#187;</a></p> http://www.businessinsider.com/ignition-2017-learn-how-sports-media-is-changing-2017-5Ignition 2017: Learn how the future of sports media is being turned on its headhttp://www.businessinsider.com/ignition-2017-learn-how-sports-media-is-changing-2017-5
Mon, 26 Jun 2017 15:00:00 -0400Daniel Jason
<p><img style="float:right;" src="http://static4.businessinsider.com/image/55b7c6bddd08950f058b4576-1920/xbox%20ribbonviewespn12fw.png" alt="espn on sling" data-mce-source="Sling TV"></p><p></p>
<p>The sports-media landscape is changing rapidly. As consumers continue to move away from traditional television, sports leagues, their broadcast partner, and their advertising partners need to find creative ways to stay in front of the consumer.</p>
<p>And the screen of choice isn't the only moving part in this sports-media revolution. Technologies like virtual reality, immersive video, and 360 video are changing consumers' expectations in how content is presented.</p>
<p>Perhaps no entity has felt the effects of this shift more than ESPN.</p>
<p>Last month, the channel laid off 100 employees, <a href="http://www.businessinsider.com/espn-layoffs-names-2017-4">including some highly recognizable on-air talent</a>. For years, the network benefited from being included in every package cable companies offered, forcing those who never watched to still <a href="http://www.businessinsider.com/cable-satellite-tv-sub-fees-espn-networks-2017-3">pay over $9 a month as a part of their cable bill</a>.</p>
<p>Speaking at Ignition a few years ago, <a href="http://www.businessinsider.com/barry-diller-tv-2014-12">IAC chairman Barry Diller saw where the future was headed</a>. "I think the future of television is more fragmentation," Diller said. "The bundle has no more elasticity in it."</p>
<p>With viewers now cutting cable from their budgets and opting for more specialized digital options — either on demand or streaming — networks like ESPN are losing the dormant subscription dollars they have counted on for so long.</p>
<p>To combat this, ESPN has focused in on digital, ramping up content on the WatchESPN app and ESPN 3, ESPN's digital-only network.</p>
<p>Other networks, like the UK's BT Sport network, have chosen to team up with digital channels to simulcast sporting events online. For the second straight year, <a href="http://www.businessinsider.com/bt-sport-to-show-european-soccer-on-youtube-2017-5">BT Sport will simulcast the UEFA Champions League and Europa League Finals on YouTube for free</a>.</p>
<p>Other sports leagues have found success simulcasting their games digitally, with Twitter streaming 10 "Thursday Night Football" games in 2016. But Twitter won't be streaming these games again in 2017, as Amazon won the rights for <a href="http://www.businessinsider.com/amazon-beats-twitter-to-stream-nfl-thursday-night-football-with-50-million-bid-2017-4">$50 million</a>.</p>
<p>On top of being broadcast on YouTube, this year both soccer championships will be available both in 4K ultra-high definition and in virtual reality, allowing users to watch a 360-degree view or select the view angle.</p>
<p>At Ignition 2016, Brad Allen<strong>,</strong> executive chairman at NextVR, talked about how virtual reality was changing the viewing experience with sports. VR could allow you to watch a game at your house with your friend who's at his house.</p>
<p>“We’re talking each other, and it’s like we’re there courtside watching the game,” Allen said. “That’s where it’s going.”</p>
<p>These subjects are expected to be discussed in depth again at this year's Ignition conference. If the digital disruption that is overhauling the media industry affects your job, this is an event you can't afford to miss.</p>
<h2>To learn more about the future of media, be sure to attend Business Insider's IGNITION 2017!</h2>
<p>We’re rolling out the speaker lineup over the coming months, and you won’t want to miss it. Business Insider IGNITION 2017 will take place November 29-30 at the Time Warner Center in New York City. Right now we're offering early-bird tickets that will save you $500 — don't miss out.</p>
<p><a href="https://businessinsider.ticketleap.com/ignition-2017/dates/Nov-29-2017_at_0800AM?utm_source=Triggermail&amp;utm_medium=email&amp;utm_content=SportsmediaDJpost&amp;utm_campaign=contentpost&amp;utm_term=BI" target="_blank" rel="noopener noreferrer">Join us at IGNITION</a>!</p>
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</div><p><a href="http://www.businessinsider.com/ignition-2017-learn-how-sports-media-is-changing-2017-5#comments">Join the conversation about this story &#187;</a></p> <p>NOW WATCH: <a href="http://www.businessinsider.com/details-game-of-thrones-season-7-episode-4-hbo-jon-snow-daenerys-2017-8">8 details you might have missed on season 7 episode 4 of 'Game of Thrones'</a></p> http://www.businessinsider.com/morgan-stanley-is-going-after-a-500-billion-opportunity-2017-6Morgan Stanley is going after a $500 billion opportunity (MS)http://www.businessinsider.com/morgan-stanley-is-going-after-a-500-billion-opportunity-2017-6
Sat, 17 Jun 2017 13:25:00 -0400Business Insider
<p><img style="float:right;" src="http://static6.businessinsider.com/image/5941a61e688ad2e6008b4609-2400/rtr45ad1.jpg" alt="morgan stanley" data-mce-source="REUTERS/Carlos Barria" data-mce-caption="A receptionist sits at a Morgan Stanley office which was visited by Chinese investigators in Shanghai, September 4, 2014. Picture taken September 4, 2014. " /></p><p>Morgan Stanley financial advisers, on average, are set&nbsp;to bring in over $1 million in revenues each in 2017.</p>
<p>That's a nearly 67% increase from the average revenues per&nbsp;financial advisers&nbsp;in 2010. But recent&nbsp;growth is not enough for the bank. It is setting its sights even higher, and has targeted a half a trillion dollar opportunity.&nbsp;</p>
<p>In a presentation to investors on Tuesday June 13,&nbsp;<a href="http://www.bloomberg.com/research/stocks/people/person.asp?personId=280644600&amp;privcapId=472898">Naureen Hassan</a>, the bank's chief digital officer for wealth-management, outlined&nbsp;how new digital offerings will draw clients&nbsp;from one of its key businesses to its wealth-management business.&nbsp;</p>
<p>Morgan Stanley is one of the largest administrators of company stock plans. In fact, the bank<span>&nbsp;holds the stock plans of about 20% of Fortune 500 companies, according to Hassan. But the bank's wealth-management division has been largely focused on winning business with&nbsp;those in the C-suite, not those only their way to the C-suite.&nbsp;</span><span>Hassan sees a $528 billion opportunity in bringing those execs&nbsp;onto the Morgan Stanley&nbsp;wealth-management platform.</span><span><img src="http://static4.businessinsider.com/image/59416db3c4adee28008b605a-933/screen shot 2017-06-14 at 124229 pm.png" alt="Screen Shot 2017 06 14 at 12.42.29 PM" data-mce-source="MS" /></span></p>
<p><span>The effort to win the money of these more junior executives is part of a broader push to use&nbsp;technology&nbsp;to win more business and increase productivity in the wealth-management division.&nbsp;</span></p>
<p><span>According to Hassan, the advisers who spend more time engaging with clients and less time completing tasks that can easily be automated have experienced the greatest revenue growth. As such, she sees digitization as the best way to attract more clients. </span></p>
<p><span>"We see the opportunity to use technology to take these best practices from our fastest growing teams and apply them across our adviser network," Hassan said. </span></p>
<p><span>The US bank's wealth-management business partnership with Twilio to <a href="http://www.businessinsider.com/morgan-stanley-partnering-with-twilio-for-sms-communication-with-clients-2017-6">enable financial advisers to text their clients</a> is one example of how the firm is digitizing its infrastructure to win over clients. The plan is for a machine-learning engine to eventually suggest text messages to financial advisers, allowing them to tailor, approve, or reject the suggested communication. </span><span>There will be enhanced social-media support and video-chat in the coming months, too. </span></p>
<p><span>The partnership is part of Morgan Stanley's broader tech strategy. The bank last week hosted its annual CTO Innovation Summit in Silicon Valley with about 65 existing vendors, and 85 startups including Twilio were invited to attend. </span></p>
<p><span>"There is no one technology or trend that's going to disrupt the industry," Shawn Melamed, who leads Morgan Stanley's strategic technology partnerships, said. "It's the combination and collaboration of a host of technologies and services." </span></p>
<p><em>Matt Turner contributed reporting.</em></p><p><strong>SEE ALSO:&nbsp;<a href="http://www.businessinsider.com/morgan-stanley-on-roboadvisers-and-fintech-2017-5" >MORGAN STANLEY: Only a 'handful' of robo-advice startups will survive</a></strong></p>
<p><strong>SEE ALSO:&nbsp;<a href="http://www.businessinsider.com/deloitte-consultant-on-high-net-worth-wealth-managers-2017-6" >High-net-worth wealth managers can't survive the digital age on just 'their name and wood paneling'</a></strong></p>
<p><strong>SEE ALSO:&nbsp;<a href="http://markets.businessinsider.com/news/funds/deloitte-coo-2017-5-1002071791" >Deloitte's COO explains his view of the economy, fintech, and why we shouldn't be afraid of robots</a></strong></p>
<p><a href="http://www.businessinsider.com/morgan-stanley-is-going-after-a-500-billion-opportunity-2017-6#comments">Join the conversation about this story &#187;</a></p> <p>NOW WATCH: <a href="http://www.businessinsider.com/donald-trump-st-martin-estate-massive-price-cut-2017-8">Trump’s Caribbean estate got a massive price cut — take a look inside the $16.9 million residence</a></p> http://www.businessinsider.com/how-to-bounce-back-from-business-catastrophe-2017-65 ways to deal with a business crisis, from the CEO of a company that became illegal overnighthttp://www.businessinsider.com/how-to-bounce-back-from-business-catastrophe-2017-6
Thu, 15 Jun 2017 07:41:00 -0400Lindsay Dodgson
<p><img style="float:right;" src="http://static3.businessinsider.com/image/594272a7027ff3033b4102d7-668/jessica-rovello-2.jpg" alt="jessica rovello 2" data-mce-source="Arkadium" data-link="http://www.arkadium.com/" /></p><p>There are plenty of risks to consider when you start a business. You may hire too few or too many staff, your profits might not be what you expected, and the biggest worry is that your idea just won't take off.</p>
<p>Entrepreneurs calculate these risks and they make decisions that mean they will be able to deal with things if they go wrong. That's what determines whether a business is ultimately successful.</p>
<p>However, one thing many people probably don't plan for is a Russian invasion.</p>
<p>Jessica Rovello, <a href="http://www.arkadium.com/" target="_blank" rel="noopener noreferrer">the CEO and cofounder of Arkadium</a> found out just what happens in this situation when she and her husband set up their company in Crimea.</p>
<p>Arkadium is a digital company that works with publishers using a program that reads and understands a page of content. From this, it creates infographics for readers to interact with as they are reading a story. The idea is that engaging infographics keep readers on a page for longer, tackling a growing problem in the digital publication industry &mdash; readers rarely get to the bottom of an article.</p>
<h2><span>'When we moved there, we'd never heard of it before'</span></h2>
<p>In 2000, Rovello and her husband knew they had a good idea, but they couldn't afford to hire developers. So, they moved to southern Ukraine where an American businessman agreed to be outsourced by them. When he moved back to the US, Rovello took on six of his employees, and from there the business grew to about 100 staff over seven years.</p>
<p>Rovello told Business Insider that she and her husband made a second home for themselves in southern Ukraine, in a city called Simferopol.</p>
<p>"When we moved there, we'd never heard of it before. Nobody we knew had heard of it before," she said. "We'd be lucky if people knew Ukraine."</p>
<p>However, once 2014 came around, the region would have quite a name for itself. First, the riots started in Kiev, and then the president of the country was deposed. Rovello and her staff were watching from afar, and making contingency plans just in case the riots spread to the south.</p>
<p>They thought the chance was remote, but they wanted to be prepared just in case.</p>
<h2>Russian invasion</h2>
<p><img src="http://static3.businessinsider.com/image/594272a7027ff3033b4102d8-1763/gettyimages-479343301.jpg" alt="ukraine russia invasion" data-mce-source="Dan Kitwood / Getty" data-link="http://www.gettyimages.co.uk/license/479343301" /></p>
<p>"A couple of months later...these tanks started rolling through the streets, in this little city of ours that nobody has ever heard of before," Rovello said. "These armed unmarked men started taking over the buildings, the government buildings and everything. Of course we found out a few months later that this was the Russian army and this was the Russians annexing the region."</p>
<p>Over the course of 2014, the region became Russian territory, and Arkadium had to deal with the aftermath. The time zone changed, the currency changed, and all of the company registrations that were Ukrainian had to become Russian. Rovello could no longer get access to the country, so everything had to be decided over email, instant message, or video conference.</p>
<p>"If you've ever done business in Eastern Europe you know that changing anything is a really long, arduous process with a lot of red tape," Rovello said. "Not only did that have to happen for our company but it had to happen for all our employees. They had to get Russian working papers and many had to get Russian citizenship or apply for it."</p>
<h2><span>'All of a sudden it was just instantly illegal'</span></h2>
<p>When things started to look like they were settling down, there was another shock to deal with. In December, the American government sanctioned the region, which essentially made it illegal for Rovello to have any business there at all.</p>
<p>"We went through about six months of changing everything over, then all of a sudden it was just instantly illegal," she said.</p>
<p>What's worse is there was no official notification &mdash; Rovello found this out via a Google news alert. Suddenly, she couldn't speak to her lawyers, she couldn't wire any money, and she couldn't get any code transferred, unless she wanted to face jail time and a quarter of a million dollar fine.</p>
<p>Christmas bonuses couldn't be paid, the rent couldn't be paid, and everyone in the US government had left for the Christmas and New Year holidays, meaning there was nobody to help.</p>
<p>"What we basically decided was, we either have to shut down our business, completely, or we're going to have to make some radical changes to figure out how we can survive, and figure out how we can save as many people's jobs as possible," Rovello said.</p>
<p>Out of the 100 total employees, 50 said they were willing to move to another city Rovello had never heard of &mdash; Krasnodar in Russia, the closest city to where Arkadium had been which wasn't under sanctions.</p>
<p>"Over the span of two weeks we shut everything down, moved everyone and their families and all their belongings to this new city, and opened up an office," Rovello said. "Ironically, we became this Russian company. So we'd gone through basically six months of trying to become a Russian company, and we stayed a Russian company because that was what was easiest for us to do at the time."</p>
<p>Just over two and a half years later, Arkadium now employs 75 people, and 2016 saw its highest revenue it has ever had as a business.</p>
<h2><strong>So what did Rovello learn when she was knocked down in the most unimaginable way possible? </strong></h2>
<h3><strong>1. There's no playbook for when things go wrong. </strong></h3>
<p>When Rovello started off in business, she had people she looked up to, like everyone does. However, she began to realise that, much like how a child assumes their parents have everything figured out, she saw her mentors that way too. However, when things started going really downhill, she went to the titans of business for advice, and they said: "I don't know what to tell you."<br /><br />"There's no playbook for something like this," Rovello said. "There was a little bit of realisation of coming into your power and realising that sometimes you have to be the person to figure things like that out. You can kind of come out the other side and there's definitely power in that."</p>
<h3><strong>2. Don't take anything for granted.</strong></h3>
<p>Rovello never saw the Russian takeover coming. She says it reminded her that there's a lot happening in the world that's dramatically affecting businesses. There's a huge category of displaced people, and it wasn't until she saw her employees in that position that it started to feel real.<br /><br />"Unfortunately it's a sign of the times that we live in," she said. "We hadn't opened an office in Iran, or Libya, so you wouldn't expect that we would be in a region that was ripe for being sanctioned by the American government. It was not something that was on our radar."</p>
<h3><strong>3. Treat your colleagues well.</strong></h3>
<p>Rovello says from the beginning the business was run fairly atypically &mdash; the CEOs were married, and still own the majority of it over 16 years in.<br /><br />She says they always put the people before the business, and lead from a place of kindness. The fact 50 employees stuck around in the toughest of times shows that there's a lot of merit to that. <br /><br />"If we hadn't built up those relationships, if we hadn't spent the time there... if we hadn't treated our employees in Russia entirely equally to our employees in New York, and treated them like an outshoring office, then we wouldn't have had people who were so dedicated to helping the business get back on its feet," Rovello said. "It's not easy to pick up and move yourself and be away from your family, or move your entire family, to a place where you've never been before. I mean, who does that?"</p>
<h3><strong>4. Put your setbacks in perspective.</strong></h3>
<p>When a business is facing challenges, it is often within a sphere of control. You can decide how to respond to competitors, or how you're going to grow a market share. However, becoming illegal overnight was certainly outside of that sphere. <br /><br />"There was nothing we did that caused this, nothing we could do to influence this, or to to change this, so it does help in that when these quasi-big things happen in the business now, we're able to more easily put it in perspective of the fact we control our destiny here," Rovello said. "We've been in situations before where we didn't, so we're at an advantage now where at least we can."</p>
<h3><strong>5. You can't have a "give up" attitude. </strong></h3>
<p>Rovello says you get knocked down so many times as an entrepreneur, it would be impossible to carry on if you weren't resilient.</p>
<p>"This was definitely the biggest knock down we ever had," she said. "Although we didn't know why it was happening, and we suddenly had a lot of sleepless nights, and there was a lot of tears, I think underneath it all we knew, because this is how we tend to live our lives, that everything happens for some reason, whether we know it in the moment or not."</p>
<p>She added: "This real tragedy for the business was very heartening for us, because everybody also showed their true colours. They really showed that we as a team could kind of come together and get through it. Especially if you think of the animosity, especially at a political level between the American government and the Russian government. The fact [the employees] can ignore all of that and just work together for the good of the business and each other, I find to be really inspiring."</p><p><a href="http://www.businessinsider.com/how-to-bounce-back-from-business-catastrophe-2017-6#comments">Join the conversation about this story &#187;</a></p> <p>NOW WATCH: <a href="http://www.businessinsider.com/eric-barker-happiness-filling-four-buckets-successful-good-life-work-balance-2017-7">Forget work-life balance — living 'the good life' means being successful in these 4 metrics</a></p> http://www.businessinsider.com/morgan-stanley-is-going-after-a-500-billion-opportunity-2017-6Morgan Stanley is going after a $500 billion opportunity (MS)http://www.businessinsider.com/morgan-stanley-is-going-after-a-500-billion-opportunity-2017-6
Thu, 15 Jun 2017 07:33:00 -0400Frank Chaparro
<p><img style="float:right;" src="http://static6.businessinsider.com/image/5941a61e688ad2e6008b4609-2400/rtr45ad1.jpg" alt="morgan stanley" data-mce-source="REUTERS/Carlos Barria" data-mce-caption="A receptionist sits at a Morgan Stanley office which was visited by Chinese investigators in Shanghai, September 4, 2014. Picture taken September 4, 2014. " /></p><p>Morgan Stanley financial advisers, on average, are set&nbsp;to each bring in over $1 million in revenues in 2017.</p>
<p>That's a nearly 67% increase from the average revenues per&nbsp;financial advisers&nbsp;in 2010. But recent&nbsp;growth is not enough for the bank. It is setting its sights even higher, and has targeted a half a trillion dollar opportunity.&nbsp;</p>
<p>In a presentation to investors on Tuesday June 13,&nbsp;<a href="http://www.bloomberg.com/research/stocks/people/person.asp?personId=280644600&amp;privcapId=472898">Naureen Hassan</a>, the bank's chief digital officer for wealth-management, outlined&nbsp;how new digital offerings will draw clients&nbsp;from one of its key businesses to its wealth-management business.&nbsp;</p>
<p>Morgan Stanley is one of the largest administrators of company stock plans. In fact, the bank<span>&nbsp;holds the stock plans of about 20% of Fortune 500 companies, according to Hassan. But the bank's wealth-management division has been largely focused on winning business with&nbsp;those in the C-suite, not those only their way to the C-suite.&nbsp;</span><span>Hassan sees a $528 billion opportunity in bringing those execs&nbsp;onto the Morgan Stanley&nbsp;wealth-management platform.</span><span><img src="http://static4.businessinsider.com/image/59416db3c4adee28008b605a-933/screen shot 2017-06-14 at 124229 pm.png" alt="Screen Shot 2017 06 14 at 12.42.29 PM" data-mce-source="MS" /></span></p>
<p><span>The effort to win the money of these more junior executives is part of a broader push to use&nbsp;technology&nbsp;to win more business and increase productivity in the wealth-management division.&nbsp;</span></p>
<p><span>According to Hassan, the advisers who spend more time engaging with clients and less time completing tasks that can easily be automated have experienced the greatest revenue growth. As such, she sees digitization as the best way to attract more clients. </span></p>
<p><span>"We see the opportunity to use technology to take these best practices from our fastest growing teams and apply them across our adviser network," Hassan said. </span></p>
<p><span>The US bank's wealth-management business partnership with Twilio to <a href="http://www.businessinsider.com/morgan-stanley-partnering-with-twilio-for-sms-communication-with-clients-2017-6">enable financial advisers to text their clients</a> is one example of how the firm is digitizing its infrastructure to win over clients. The plan is for a machine-learning engine to eventually suggest text messages to financial advisers, allowing them to tailor, approve, or reject the suggested communication. </span><span>There will be enhanced social-media support and video-chat in the coming months, too. </span></p>
<p><span>The partnership is part of Morgan Stanley's broader tech strategy. The bank last week hosted its annual CTO Innovation Summit in Silicon Valley with about 65 existing vendors, and 85 startups including Twilio were invited to attend. </span></p>
<p><span>"There is no one technology or trend that's going to disrupt the industry," Shawn Melamed, who leads Morgan Stanley's strategic technology partnerships, said. "It's the combination and collaboration of a host of technologies and services." </span></p>
<p><em>Matt Turner contributed reporting.</em></p><p><strong>SEE ALSO:&nbsp;<a href="http://www.businessinsider.com/morgan-stanley-on-roboadvisers-and-fintech-2017-5" >MORGAN STANLEY: Only a 'handful' of robo-advice startups will survive</a></strong></p>
<p><strong>SEE ALSO:&nbsp;<a href="http://www.businessinsider.com/deloitte-consultant-on-high-net-worth-wealth-managers-2017-6" >High-net-worth wealth managers can't survive the digital age on just 'their name and wood paneling'</a></strong></p>
<p><strong>SEE ALSO:&nbsp;<a href="http://markets.businessinsider.com/news/funds/deloitte-coo-2017-5-1002071791" >Deloitte's COO explains his view of the economy, fintech, and why we shouldn't be afraid of robots</a></strong></p>
<p><a href="http://www.businessinsider.com/morgan-stanley-is-going-after-a-500-billion-opportunity-2017-6#comments">Join the conversation about this story &#187;</a></p> <p>NOW WATCH: <a href="http://www.businessinsider.com/elon-musk-mark-zuckerberg-ai-artificial-intelligence-disagreement-debate-2017-7">Elon Musk and Mark Zuckerberg are waging a war of words over the future of AI</a></p> http://www.businessinsider.com/advance-registration-rates-expire-today-for-ignition-2017-6IGNITION: advance registration rates EXPIRE TODAYhttp://www.businessinsider.com/advance-registration-rates-expire-today-for-ignition-2017-6
Mon, 05 Jun 2017 08:30:00 -0400Joanna Mosca
<p><img style="float:right;" style="float: right;" src="http://static1.businessinsider.com/image/591c980b1442934d088b6336" alt="IGNITION" border="0" data-mce-source="IGNITION"></p><p></p>
<h1>Save $1,000 through 11:59 PM ET tonight ONLY</h1>
<p><br>Here's your last chance to lock in the lowest rates for your seat at Business Insider’s <a href="http://www.businessinsider.com/event/ignition-2017?utm_source=businessinsider&amp;utm_medium=post&amp;utm_content=exearlybirdpostJM2&amp;utm_campaign=contentpost&amp;utm_term=BI" target="_blank" rel="noopener noreferrer">IGNITION: Future of Media</a> this November 29-30 in New York City.</p>
<p>We have an exciting speaker lineup in the works, which we'll be releasing in the coming months. Our agenda focuses on the future of media, and we're going to tackle the latest developments in marketing, advertising, TV, publishing, international, startups, and all the tech behind those industries.</p>
<p>In the past, we've welcomed brilliant leaders on our stage, including Elon Musk, Sheryl Sandberg, Jeff Bezos, Mark Cuban, Arianna Huffington, Carolyn Everson, Travis Kalanick, James Murdoch, and Jim Cramer.</p>
<p>You don’t want to miss out on what’s going to be the digital media event of the year. So don’t delay and reserve your seat now before prices go up and before the event sells out!</p>
<h2>Extra-early-bird deadline extended through June 5</h2>
<p>The <strong>extra-early-bird rates expire tonight at 11:59 PM ET</strong>. Register before then to secure your ticket at a <strong>25% savings</strong>. That’s <strong>$1,000 off</strong> a regular price ticket!</p>
<p><strong><a href="https://businessinsider.ticketleap.com/ignition-2017/dates/Nov-29-2017_at_0800AM?utm_source=businessinsider&amp;utm_medium=post&amp;utm_content=exearlybirdpostJM2&amp;utm_campaign=contentpost&amp;utm_term=BI" target="_blank" rel="noopener noreferrer">Join us at IGNITION!</a></strong></p>
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Fri, 02 Jun 2017 20:25:00 -0400Joanna Mosca
<p><img style="float:right;" style="float: right;" src="http://static1.businessinsider.com/image/591c980b1442934d088b6336" alt="IGNITION" border="0" data-mce-source="IGNITION"></p><p></p>
<h1>Save $1,000 through June 5</h1>
<p><br>Here's your last chance to lock in the lowest rates for your seat at Business Insider’s <a href="http://www.businessinsider.com/event/ignition-2017?utm_source=businessinsider&amp;utm_medium=post&amp;utm_content=exearlybirdpostJM2&amp;utm_campaign=contentpost&amp;utm_term=BI" target="_blank" rel="noopener noreferrer">IGNITION: Future of Media</a> this November 29-30 in New York City.</p>
<p>After many requests for an extension following the holiday in the US, we are offering the extra-early-bird rates for an extra week, through Monday, June 5.</p>
<p>We have an exciting speaker lineup in the works, which we'll be releasing in the coming months. Our agenda focuses on the future of media, and we're going to tackle the latest developments in marketing, advertising, TV, publishing, international, startups, and all the tech behind those industries.</p>
<p>In the past, we've welcomed brilliant leaders on our stage, including Elon Musk, Sheryl Sandberg, Jeff Bezos, Mark Cuban, Arianna Huffington, Carolyn Everson, Travis Kalanick, James Murdoch, and Jim Cramer.</p>
<p>Before we start announcing the speakers for IGNITION 2017, we want to make sure you don’t miss any of the action and give you the opportunity do so at the lowest price by extending the extra-early-bird deadline one week.</p>
<h2>Extra-early-bird deadline extended through June 5</h2>
<p>The pre-speaker rate <strong>saves you $1,000</strong> and guarantees you a seat at an event that can take your business and career to new heights.</p>
<p><strong><a href="https://businessinsider.ticketleap.com/ignition-2017/dates/Nov-29-2017_at_0800AM?utm_source=businessinsider&amp;utm_medium=post&amp;utm_content=exearlybirdpostJM2&amp;utm_campaign=contentpost&amp;utm_term=BI" target="_blank" rel="noopener noreferrer">Join us at IGNITION!</a></strong></p>
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<p><img style="float:right;" src="http://static2.businessinsider.com/image/591c980b1442934d088b6336-737/screen%20shot%202017-05-17%20at%2023453%20pm.png" alt="IGNITION past speakers" data-mce-source="IGNITION"></p><p></p>
<h1>IGNITION: Future of Media will take place November 29-30 in New York City</h1>
<p>Business Insider's flagship event, IGNITION 2017: The Future of Media, is just six months away. TODAY is the last day to save $1,000 with advanced registration.</p>
<p>In years past, the most innovative minds across media and technology have taken the stage to share their insights into where their fields were headed, as well as offering actionable insights to those in attendance.</p>
<p>Along with the marquis names who headline the event — like Jeff Bezos in 2014 and Arianna Huffington last year — dozens of other senior executives have offered their thoughts on the shifting digital landscape.</p>
<p>Whether your focus is content, product, technology, advertising, revenue, or anything else in in the media world, you are guaranteed to relate to our speaker lineup this year.</p>
<h2>LAST DAY TO CLAIM YOUR $1,000 DISCOUNT</h2>
<p>Now you have a chance to secure your ticket at a 25% savings with the extra-early-bird rate. That’s a $1,000 discount, so don’t delay, and make sure you lock in this rate before this offer disappears TONIGHT!</p>
<p><a href="https://businessinsider.ticketleap.com/ignition-2017/dates/Nov-29-2017_at_0800AM?utm_source=Triggermail&amp;utm_medium=email&amp;utm_content=exearlybirdpostJM&amp;utm_campaign=contentpost&amp;utm_term=BI" target="_blank" rel="noopener noreferrer"><span style="text-decoration: underline;">Join us at IGNITION!</span></a></p>
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Fri, 26 May 2017 12:00:00 -0400Daniel Jason
<p><img style="float:right;" src="http://static2.businessinsider.com/image/591c980b1442934d088b6336-737/screen%20shot%202017-05-17%20at%2023453%20pm.png" alt="IGNITION past speakers" data-mce-source="IGNITION"></p><p></p>
<h1>IGNITION: Future of Media will take place November 29-30 in New York City</h1>
<p>Business Insider's flagship event, IGNITION 2017: The Future of Media, is just six months away. And there’s only 3 days left to save $1,000 with advanced registration.</p>
<p>In years past, the most innovative minds across media and technology have taken the stage to share their insights into where their fields were headed, as well as offering actionable insights to those in attendance.</p>
<p>Along with the marquis names who headline the event — like Jeff Bezos in 2014 and Arianna Huffington last year — dozens of other senior executives have offered their thoughts on the shifting digital landscape.</p>
<p>Whether your focus is content, product, technology, advertising, revenue, or anything else in in the media world, you are guaranteed to relate to our speaker lineup this year.</p>
<h2>ONLY 3 DAYS LEFT TO CLAIM YOUR $1,000 DISCOUNT</h2>
<p>Now you have a chance to secure your ticket at a 25% savings with the extra-early-bird rate. That’s a $1,000 discount, so don’t delay, and make sure you lock in this rate before this offer disappears on May 29!</p>
<p><a href="https://businessinsider.ticketleap.com/ignition-2017/dates/Nov-29-2017_at_0800AM?utm_source=Triggermail&amp;utm_medium=email&amp;utm_content=exearlybirdpostJM&amp;utm_campaign=contentpost&amp;utm_term=BI" target="_blank" rel="noopener noreferrer"><span style="text-decoration: underline;">Join us at IGNITION!</span></a></p>
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Thu, 25 May 2017 13:28:00 -0400Joanna Mosca
<p><img style="float:right;" style="float: right;" src="http://static1.businessinsider.com/image/591c980b1442934d088b6336" alt="IGNITION" border="0" data-mce-source="IGNITION"></p><p></p>
<h1>Join the ranks of Jeff Bezos, Sheryl Sandberg, and Mark Cuban</h1>
<p><br>Business Insider’s <a href="http://www.businessinsider.com/event/ignition-2017?utm_source=businessinsider&amp;utm_medium=post&amp;utm_content=exearlybirdpostJM2&amp;utm_campaign=contentpost&amp;utm_term=BI" target="_blank" rel="noopener noreferrer"><span style="text-decoration: underline;">IGNITION</span></a> conference has hosted the most influential leaders in business and tech, and the program for the 2017 Future of Media event will not disappoint.</p>
<p>As we prepare to announce the pioneers who will take the stage at <strong>IGNITION on November 29-30 in New York</strong>, we want to give you an opportunity to <a href="https://businessinsider.ticketleap.com/ignition-2017/dates/Nov-29-2017_at_0800AM?utm_source=businessinsider&amp;utm_medium=post&amp;utm_content=exearlybirdpostJM2&amp;utm_campaign=contentpost&amp;utm_term=BI" target="_blank" rel="noopener noreferrer"><span style="text-decoration: underline;">reserve your seat early at a <em>deep</em> discount</span></a>.</p>
<p>The unique event format offers attendees a candid view into how leaders got to where they are today. Interviews led by professional journalists create a conversational atmosphere but pose tough questions, resulting in enlightening, actionable content.</p>
<p>This event has been a game changer to many of our attendees — and can be for you.</p>
<h2>Save with advanced registration through May 29</h2>
<p>The pre-speaker rate saves you $1,000 and guarantees you a seat at the event that can <strong>take your business and career to new heights.</strong></p>
<p><strong><a href="https://businessinsider.ticketleap.com/ignition-2017/dates/Nov-29-2017_at_0800AM?utm_source=businessinsider&amp;utm_medium=post&amp;utm_content=exearlybirdpostJM2&amp;utm_campaign=contentpost&amp;utm_term=BI" target="_blank" rel="noopener noreferrer"><span style="text-decoration: underline;">Join us at IGNITION!</span></a></strong></p>
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Tue, 23 May 2017 09:48:00 -0400Joanna Mosca
<p><img style="float:right;" style="float: right;" src="http://static1.businessinsider.com/image/5924371763914790008b5ad6" alt="IGNITION" border="0" data-mce-source="IGNITION"></p><p></p>
<h1>IGNITION: Future of Media will take place November 29-30 in New York City</h1>
<p><br>For nearly a decade we’ve hosted some of the most brilliant minds in tech and media on the IGNITION stage. They’ve shared their insights into the next big ideas and their secrets to getting ahead.</p>
<p>Each year the event gives our attendees a glimpse into what’s coming and actionable takeaways that put their businesses and careers ahead of the competition.</p>
<p>This year is no different. We have an exciting program in the works, focusing on media and where the industry is headed.</p>
<p>If your business touches any aspect of media including: the internet, TV, video, subscriptions, telecom, social, programmatic, affiliate, and more, this event is a must!</p>
<h2>Secure your ticket at 25% off</h2>
<p>Now you have a chance to secure your ticket at a 25% savings with the extra-early-bird rate. That’s a $1,000 discount, so don’t delay and reserve your seat now before prices go up and before the event sells out!</p>
<p><a href="https://businessinsider.ticketleap.com/ignition-2017/dates/Nov-29-2017_at_0800AM?utm_source=Triggermail&amp;utm_medium=email&amp;utm_content=exearlybirdpostJM&amp;utm_campaign=contentpost&amp;utm_term=BI" target="_blank" rel="noopener noreferrer"><span style="text-decoration: underline;">Join us at IGNITION!</span></a></p>
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<p> </p><p><a href="http://www.businessinsider.com/ignition-future-of-media-at-extra-early-bird-rates-2017-5#comments">Join the conversation about this story &#187;</a></p> <p>NOW WATCH: <a href="http://www.businessinsider.com/jeff-bezos-amazon-fire-phone-ignition-2014-12">Jeff Bezos Explains What Happened To The Fire Phone</a></p> http://www.businessinsider.com/ignition-2017-only-one-week-left-to-lock-in-extra-early-bird-rates-2017-5IGNITION 2017: Only ONE WEEK left to lock in extra-early-bird rateshttp://www.businessinsider.com/ignition-2017-only-one-week-left-to-lock-in-extra-early-bird-rates-2017-5
Mon, 22 May 2017 16:56:00 -0400Daniel Jason
<p><img style="float:right;" src="http://static2.businessinsider.com/image/591c980b1442934d088b6336-737/screen%20shot%202017-05-17%20at%2023453%20pm.png" alt="IGNITION past speakers" data-mce-source="IGNITION"></p><p></p>
<h1>IGNITION: Future of Media will take place November 29-30 in New York City</h1>
<p>Business Insider's flagship event, IGNITION 2017: The Future of Media, is just six months away. And there’s only one week left to save $1,000 with advanced registration.</p>
<p>In years past, the most innovative minds across media and technology haven taken the stage to share their insights into where their fields were headed, as well as offering actionable insights to those in attendance.</p>
<p>Along with the marquis names who headline the event — like Jeff Bezos in 2014 and Arianna Huffington last year — dozens of other senior executives have offered their thoughts on the shifting digital landscape.</p>
<p>Whether your focus is content, product, technology, advertising, revenue, or anything else in in the media world, you are guaranteed to relate to our speaker lineup this year.</p>
<h2>ONLY 7 DAYS LEFT TO CLAIM YOUR $1,000 DISCOUNT</h2>
<p>Now you have a chance to secure your ticket at a 25% savings with the extra-early-bird rate. That’s a $1,000 discount, so don’t delay, and make sure you lock in this rate before this offer disappears on May 29!</p>
<p><a href="https://businessinsider.ticketleap.com/ignition-2017/dates/Nov-29-2017_at_0800AM?utm_source=Triggermail&amp;utm_medium=email&amp;utm_content=exearlybirdpostJM&amp;utm_campaign=contentpost&amp;utm_term=BI" target="_blank" rel="noopener noreferrer"><span style="text-decoration: underline;">Join us at IGNITION!</span></a></p>
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</div><p><a href="http://www.businessinsider.com/ignition-2017-only-one-week-left-to-lock-in-extra-early-bird-rates-2017-5#comments">Join the conversation about this story &#187;</a></p> <p>NOW WATCH: <a href="http://www.businessinsider.com/jeff-bezos-drones-deliveries-amazon-faa-2015-2">Here's what Jeff Bezos told us about the future of drones in the US</a></p> http://www.businessinsider.com/ignition-2017-learn-how-sports-media-is-changing-2017-5Ignition 2017: Learn how the future of sports media is being turned on its headhttp://www.businessinsider.com/ignition-2017-learn-how-sports-media-is-changing-2017-5
Thu, 18 May 2017 16:24:00 -0400Daniel Jason
<p><img style="float:right;" src="http://static4.businessinsider.com/image/55b7c6bddd08950f058b4576-1920/xbox%20ribbonviewespn12fw.png" alt="espn on sling" data-mce-source="Sling TV"></p><p></p>
<p>The sports-media landscape is changing rapidly. As consumers continue to move away from traditional television, sports leagues, their broadcast partner, and their advertising partners need to find creative ways to stay in front of the consumer.</p>
<p>And the screen of choice isn't the only moving part in this sports-media revolution. Technologies like virtual reality, immersive video, and 360 video are changing consumers' expectations in how content is presented.</p>
<p>Perhaps no entity has felt the effects of this shift more than ESPN.</p>
<p>Last month, the channel laid off 100 employees, <a href="http://www.businessinsider.com/espn-layoffs-names-2017-4">including some highly recognizable on-air talent</a>. For years, the network benefited from being included in every package cable companies offered, forcing those who never watched to still <a href="http://www.businessinsider.com/cable-satellite-tv-sub-fees-espn-networks-2017-3">pay over $9 a month as a part of their cable bill</a>.</p>
<p>Speaking at Ignition a few years ago, <a href="http://www.businessinsider.com/barry-diller-tv-2014-12">IAC chairman Barry Diller saw where the future was headed</a>. "I think the future of television is more fragmentation," Diller said. "The bundle has no more elasticity in it."</p>
<p>With viewers now cutting cable from their budgets and opting for more specialized digital options — either on demand or streaming — networks like ESPN are losing the dormant subscription dollars they have counted on for so long.</p>
<p>To combat this, ESPN has focused in on digital, ramping up content on the WatchESPN app and ESPN 3, ESPN's digital-only network.</p>
<p>Other networks, like the UK's BT Sport network, have chosen to team up with digital channels to simulcast sporting events online. For the second straight year, <a href="http://www.businessinsider.com/bt-sport-to-show-european-soccer-on-youtube-2017-5">BT Sport will simulcast the UEFA Champions League and Europa League Finals on YouTube for free</a>.</p>
<p>Other sports leagues have found success simulcasting their games digitally, with Twitter streaming 10 "Thursday Night Football" games in 2016. But Twitter won't be streaming these games again in 2017, as Amazon won the rights for <a href="http://www.businessinsider.com/amazon-beats-twitter-to-stream-nfl-thursday-night-football-with-50-million-bid-2017-4">$50 million</a>.</p>
<p>On top of being broadcast on YouTube, this year both soccer championships will be available both in 4K ultra-high definition and in virtual reality, allowing users to watch a 360-degree view or select the view angle.</p>
<p>At Ignition 2016, Brad Allen<strong>,</strong> executive chairman at NextVR, talked about how virtual reality was changing the viewing experience with sports. VR could allow you to watch a game at your house with your friend who's at his house.</p>
<p>“We’re talking each other, and it’s like we’re there courtside watching the game,” Allen said. “That’s where it’s going.”</p>
<p>These subjects are expected to be discussed in depth again at this year's Ignition conference. If the digital disruption that is overhauling the media industry affects your job, this is an event you can't afford to miss.</p>
<h2>To learn more about the future of media, be sure to attend Business Insider's IGNITION 2017!</h2>
<p>We’re rolling out the speaker lineup over the coming months, and you won’t want to miss it. Business Insider IGNITION 2017 will take place November 29-30 at the Time Warner Center in New York City. Right now we're offering early-bird tickets that will save you $400 — don't miss out.</p>
<p><a href="https://businessinsider.ticketleap.com/ignition-2017/dates/Nov-29-2017_at_0800AM?utm_source=Triggermail&amp;utm_medium=email&amp;utm_content=SportsmediaDJpost&amp;utm_campaign=contentpost&amp;utm_term=BI" target="_blank" rel="noopener noreferrer">Join us at IGNITION</a>!</p>
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</div><p><a href="http://www.businessinsider.com/ignition-2017-learn-how-sports-media-is-changing-2017-5#comments">Join the conversation about this story &#187;</a></p> <p>NOW WATCH: <a href="http://www.businessinsider.com/annoying-resume-mistakes-buzzwords-grammar-typos-experience-careers-strategy-jobs-interview-application-employer-2017-7">A former HR exec who reviewed over 40,000 résumés says these 7 résumé mistakes annoy her</a></p> http://www.businessinsider.com/technology-gap-deepening-us-inequality-2017-5A technology gap between the rich and poor is deepening US inequalityhttp://www.businessinsider.com/technology-gap-deepening-us-inequality-2017-5
Thu, 04 May 2017 10:00:11 -0400Pedro Nicolaci da Costa
<p><img style="float:right;" src="http://static2.businessinsider.com/image/590b2cc42ceae90a2a8b4c3f-2400/150547688.jpg" alt="child playing with ipad" data-mce-source="Peter Macdiarmid/Getty Images"></p><p>US inequality has been rising for decades, but it gained political prominence after&nbsp;the Great Recession gave rise to grassroots movements like Occupy Wall Street, forcing both political parties to start openly debating the issue.</p>
<p>Unfortunately, the two major US political parties appear largely unable to agree, both&nbsp;within themselves and&nbsp;between one another, on the best solution to&nbsp;the problem.</p>
<p>Given that impasse, equal access to basic technologies seems like a fairly low-hanging fruit.</p>
<p>The Pew Research Center highlighted persistent inequities in access to basic technologies in a recent report, which found nearly half of US households with incomes below $30,000 a year <a href="http://www.pewresearch.org/fact-tank/2017/03/22/digital-divide-persists-even-as-lower-income-americans-make-gains-in-tech-adoption/">do not have access to high-speed internet at home</a>,&nbsp;while nearly one third do not own a smartphone. This makes it even harder for poorer families to catch up financially and professionally.&nbsp;</p>
<p><img style="float:right;" src="http://static5.businessinsider.com/image/590b2d102ceae91e008b4eed-310/digital divide.png" alt="digital divide" data-mce-source="Pew Research Center">With new computers and automation <a href="http://www.businessinsider.com/policy-responses-to-automation-and-robots-taking-jobs-2017-4">increasingly permeating not only manufacturing but also services</a>, those with less familiarity with or access to the Internet, computers, and smartphones are <a href="https://www.nytimes.com/2016/02/23/technology/fcc-internet-access-school.html">left at a considerable disadvantage.</a></p>
<p>"Higher-income Americans are more likely to have multiple devices that enable them to go online," Monica Anderson, a research associate at Pew, wrote in the report.</p>
<p>Two-thirds of adults living in high-earning households have high-speed web access at home, a smartphone, a desktop or laptop computer, and<em>&nbsp;</em>a tablet, compared with 17% of those living in low-income households.</p>
<p>"Adoption rates are only one component of the digital divide," Pew said. "A person’s comfort level with technology and the rate in which they use the internet at work and in their everyday lives also varies by income group."<br><span></span></p>
<p>So how should the United States address the issue of technological inequality? Early intervention is the key, experts say. That means giving kids from lower-income households ample access to connectivity and devices, even if it means direct subsidies to poorer and/or more remote areas.<br><span></span></p>
<p>"A more inclusive approach to innovation that democratizes emerging technologies and expands opportunities gaining new skills early in life should be part of the new social contract on innovation," Calestous Juma, professor of international development at Harvard’s John F. Kennedy School of Government, told Business Insider in an email.<br><span></span></p><p><strong>SEE ALSO:&nbsp;<a href="http://www.businessinsider.com/policy-responses-to-automation-and-robots-taking-jobs-2017-4" >Robots are going to take a lot of jobs — here's what we could do about it</a></strong></p>
<p><a href="http://www.businessinsider.com/technology-gap-deepening-us-inequality-2017-5#comments">Join the conversation about this story &#187;</a></p> <p>NOW WATCH: <a href="http://www.businessinsider.com/the-bottom-line-stock-market-records-apple-tesla-tech-earnings-jim-glassman-economy-2017-8">THE BOTTOM LINE: New record highs for stocks and a deep dive into Apple's iPhone</a></p> http://www.businessinsider.com/metro-bank-ceo-investing-tech-1-million-customers-2017-5Challenger bank Metro plans to invest £55 million in tech this yearhttp://www.businessinsider.com/metro-bank-ceo-investing-tech-1-million-customers-2017-5
Thu, 04 May 2017 06:24:00 -0400Oscar Williams-Grut
<p><img style="float:right;" src="http://static2.businessinsider.com/image/58515296dd089544528b4c78-1600/ta2160405.jpg" alt="Metro Bank" data-mce-source="Metro Bank" data-mce-caption="Metro Bank staff."></p><p>LONDON — Metro Bank, the challenger bank known for its bold High Street branches, is going digital.</p>
<p>CEO Craig Donaldson told Business Insider on Thursday that the startup bank plans to invest £55 million in technology this year.</p>
<p>Donaldson said: "This year we're going to spend about £55 million on technology development and about £35 million on store development. Stores are still a massive part of the business but for me it's about how you integrate the digital and physical together."</p>
<p>Metro Bank already has a banking app for customers who have opened accounts in one of its branches but it plans to launch the ability to let new customers open their first account entirely online later this year.</p>
<p>Donaldson said: "In quarter three, when we launch online, you could sit in Pret, open your account on your iPad or your laptop and then pop in store and collect your card in store. No other bank can do that."</p>
<h2>1 million customers</h2>
<p>The plans for digital investment come as Metro Bank announced on Wednesday that it has passed 1 million customers. Launched in 2010 by American entrepreneur Vernon Hill, Metro Bank was unusual in <a href="http://uk.businessinsider.com/metro-bank-chairman-vernon-hill-on-brexit-and-growth-plans-2016-12">opening branches at a time when other banks were closing them at a record rate.</a></p>
<p>Hill calls his customers "fans" and sees Metro Bank more as a retail operation than a traditional bank. Branches — which Metro calls "stores" — feature customer-friendly features such as dog bowls, free lolly pops, and longer than usual hours. The 1 millionth account was in fact opened on first May bank holiday, a day most banks were closed.</p>
<p><img style="float:right;" src="http://static4.businessinsider.com/image/590b0161dd08959c288b4983-1192/craig donaldson.jpg" alt="Craig Donaldson, Metro Bank CEO" data-mce-source="Metro Bank" data-mce-caption="Craig Donaldson, Metro Bank CEO.">Donaldson said the digital investment "rounds the service out" and will help growth continue. He said: "Customers expect now to be able to do everything on the mobile or the internet or the telephone — and also face-to-face.</p>
<p>"I've no doubt we'll get to over 2 million accounts in a much faster time because of the continued growth and momentum in the business."</p>
<p>As well as launching online account opening, Metro Bank will be investing in upgrading the technology in its back office.</p>
<p>Donaldson said: "We're doing a lot of work in the back office around machine learning to try and speed up and automate processes. We're investing a lot of money in transaction monitoring, again using machine learning and automation to drive productivity.</p>
<p>"My view is technology can be used throughout the process to ensure it's as slick and as quick as possible. It's no good having a great front end unless you've got that great service throughout every touch-point."</p>
<h2>'We need to break the oligopoly that controls banking'</h2>
<p>While digital is a big focus, Metro Bank still plans to open 10 new "stores" by the end of the year. It hopes to have over 100 branches by 2020. This sets the bank apart from other lenders who are busily shrinking their branch networks as customers move online.</p>
<p><img style="float:right;" src="http://static4.businessinsider.com/image/58515296dd089544528b4c77-2400/undefined" alt="Metro Bank Holborn" data-mce-source="Metro Bank" data-mce-caption="Metro Bank's headquarters in Holborn, London.">Donaldson says he doesn't think Metro Bank's branch network will become redundant as more people go digital.</p>
<p>He said: "I look at Holborn where one of our stores is today. That is an unbelievably busy corner. There's a tube station opposite and over 37 million people came out of that tube station last year. Do I believe our footfall around that store will ever drop? No, I honestly don't. I think we are fine.</p>
<p>"We don't have 2,000 stores with half the stores in the wrong part of town because the town centres have moved. We're not facing into that. We'll always be in strong corners with strong anchor tenants around them."</p>
<p>Metro Bank turned its first quarterly profit last year and is hoping 2017 will be its first year of profitability. Donaldson said: "My view is we've hit a point now where we can be profitable and continue to invest for growth."</p>
<p>Donaldson says he is inspired not by other banks but by retailers like Lush and John Lewis. But he said: "It's interesting looking at some banks opening hours post-us opening — they've changed. It's interesting looking at some of the things they're doing in stores. I definitely think some banks have changed some things and made it better for customers because of what we've done. I think that's a good thing. We need more competition."</p>
<p>He added: "We need to break the oligopoly that controls banking and have underinvested in service for customers for too long. The better competition we can bring, the more other banks have to react and up their game. Everybody wins when that happens."</p><p><a href="http://www.businessinsider.com/metro-bank-ceo-investing-tech-1-million-customers-2017-5#comments">Join the conversation about this story &#187;</a></p> <p>NOW WATCH: <a href="http://www.businessinsider.com/fidelity-portfolio-manager-tesla-auto-market-growth-2017-8">Fidelity portfolio manager: Test driving a Tesla was an 'iPhone moment'</a></p> http://www.businessinsider.com/preventing-digital-eyestrain-stare-screen-according-ophthalmologists-eye-doctor-2017-3The easiest ways to prevent the eyestrain caused by staring at screens, according to ophthalmologistshttp://www.businessinsider.com/preventing-digital-eyestrain-stare-screen-according-ophthalmologists-eye-doctor-2017-3
Thu, 16 Mar 2017 09:00:00 -0400Emma Fierberg, Kevin Loria and Samantha Lee
<p>After staring at screens all day, eyes can become dry, itchy, blurry, irritated — and that discomfort is frequently accompanied by a headache.</p>
<p>This phenomenon is known as eyestrain, often referred to as "digital eyestrain."</p><p><a href="http://www.businessinsider.com/preventing-digital-eyestrain-stare-screen-according-ophthalmologists-eye-doctor-2017-3#comments">Join the conversation about this story &#187;</a></p> http://www.businessinsider.com/you-can-use-this-notebook-forever-2017-1You can use this notebook foreverhttp://www.businessinsider.com/you-can-use-this-notebook-forever-2017-1
Fri, 06 Jan 2017 13:47:46 -0500A.C. Fowler
<p><a href="http://www.businessinsider.com/you-can-use-this-notebook-forever-2017-1#comments">Join the conversation about this story &#187;</a></p>